The funding, which will be issued through the United States Agency for International Development (USAID), would be used to hire a technical advisor, train employees and supply resources to the recently set up Agriculture and Agribusiness Unit in the Ministry of Finance.
The unit will use the funding to design policies for the agriculture sector, according to Ghanaian officials.
“This support to the Agriculture and Agribusiness Unit will be a driving force to make sure that policy makers have the right information to make tough decisions and look critically at the various options available to them,” stated embassy representative Cheryl Anderson.
Ghana's deputy minister of finance Ato Forson said that a Country Development Cooperation Strategy (CDCS) is in place, under which financial support would be provided.
"The Ghana-US bilateral cooperation has contributed to improved access to basic education, expanded access to healthcare services and strengthened civic participation in democratic process," he said.